2021-03-31-accounts - Bury Voluntary Community & Faith Alliance

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PAGE NUMBER	CONTENTS
1 - 9	TRUSTEES ANNUAL REPORT
10	INDEPENDENT EXAMINERS REPORT
11	STATEMENT OF FINANCIAL ACTIVITIES
12	BALANCE SHEET
13	STATEMENT OF CASH FLOWS
14-22	NOTES TO THE ACCOUNTS

Sajid Hashmi MBE Chair (resigned March 2021)
Andy Hazeldine Vice Chair & HR Sub Committee, appointed VCFA Chair from lApril
2021
Vicky Maloney Vice Chair & HR Sub Committee
Jill LoganTreasurer and Chair of Finance Sub Committee
Tanveer Ahmed Finance Sub Committee
Hayley Summers (resigned March 2021)
Karen Richardson HR Sub Committee (resigned March 2021)
Mark Cunningham
Clare Fordham HR Sub Committee (appointed Sept 2020)

			Total Funds	Total Funds		Total Funds
			Year Ended			Period 14
		Unrestricted	Restricted	31 March	February 2019 to
		Funds	Funds	2021	31 March 2020
	Further Details£		£	£		£
Incomefrom:
Donations and legacies	(3)	545	3,215	3,760		882
Charitable Activities	(4)	1,117	590,522	591,639		842,921
Other Trading Activities	(5)	160		160		581
Bank Interest		173		173		1,283
Total		1,995	593,737	595,732		845,667
Expenditure on:
Raising Funds	(6)	466	418	884		7,436
Charitable Activities	(6)	39,199	481,393	520,592		404,262
Other	(6)	100	-	100		29
Total		39,765	481,811	521,576		411,727
Net gains/(losses) on investments		25,239	-	25,239
Net income/(expenditure)		(12,531)	111,926	99,395		433,940
Transfers between funds	(17)	(3,236)	3,236
Netmovement infunds		(15,767)	115,162	99,395		433,940
Reconciliation of funds
Funds brought forward	(17)	343,250	314,305	657,555
Transfer from previous organisation	(17)					223,615
Total funds carried forward	(17)	327,483	429,467	756,950		657,555

		2021	2020
	Notes	£	£
Fixedassets:
Tangible assets	(11)	6,909	2,902
Fixed Asset investments	(11)	225,239	200,000
Total fixed assets		232,148	202,902
Current assets:
Stocks	(12)		-
Debtors	(13)	76,265	323,012
Cash at Bank & in Hand		467,852	348,416
Total current assets		544,117	671,428
Liabilities:
Creditors: Amounts falling due within one year	(14)	19,315	216,775
Net current assets or liabilities		524,802	454,653
Total assets less current liabilities		756,950	657,555
Creditors: Amounts falling due after more than one year	(16)
Provisions for liabilities
Total net assets orliabilities		756,950	657,555
The funds of the organisation:
Restricted income funds	(17)	429,467	314,305
Unrestricted income funds	(17)	327,483	343,250
Total organisation funds		756,950	657,555

				Period 14
				February
	Year Ended 31			2019 to 31
	March		2021	March 2020
		£		£
Net cashusedin operating activities		127,566		327,996
Cash flows frominvestmentactivities:
Interest			173	1,283
Transfer to Investments				(200,000)
Purchase of fixed assets			(8,303)	(2,847)
Netcash provided byinvestingactivities			(8,130)	(201,564)
Increase/(decrease) in cash and cash equivalents during the year		119,436		126,432
Transfer from previous organisation				221,984
Cash and cash equivalents brought forward		348,416
Cash and cash equivalents carried forward		467,852		348,416

3.Donations and Legacies
	Unrestricted		Restricted	Total Funds		Total Funds
						Period14
			YearEnded			February
	YearEnded 31		31 March	Year Ended 31		2019to 31
	March	2021	2021	March	2021	March 2020
	£		£	£		£
Donations		545	3,215		3,760	882
		545	3,215		3,760	882
Previous reporting period		312	570		882

4.Income fromcharitable activities
	Unrestricted		Restricted	TotalFunds		Total Funds
						Period 14
			YearEnded			February
	Year Ended 31		31 March	Year Ended 31		2019to31
	March 2021		2021	March	2021	March 2020
	£		£	£		£
Unrestricted grants:
Bury MBC		500	-		500	250,000
Action Together		117	-		117	-
Bolton CVS		500	-		500	-
Restricted grants:
African HP Network			4,000		4,000	-
Awards for All			-			9,240
Bury GP Federation			9,600		9,600	-
Bury Involvement Group			8,306		8,306	-
Bury Primary Care Network		-	21,205		21,205	-
Bury MBC Social Prescribing			200,000	200,000		200,000
Bury MBC Brexit Readiness						30,000
Fairfield Group Practice			28,694		28,694	10,500
Forever Manchester			16,764		16,764	-
Forever Manchester Volunteers			4,977		4,977
GMCA			3,000		3,000	-
Greater Manchester Sports Partnership			-		-	7,285
NHS Bury CCG Handy Person Scheme			-		-	77,500
Horizons Primary Care Network			60,220		60,220	10,500
Knowsley Medical Centre		-	21,705		21,705	10,757
Bury MBC Let's Get Radcliffe Moving			-			11,500
LGBT Consortium			-			1,850
National Lottery Community Fund			48,350		48,350	-
NAVCA		-	3,000		3,000	-
NHS Bury CCG LWBC			-			8,628
NHS Bolton CCG PCCA		-	-			30,000
Bury MBC Rough Sleepers Project			28,315		28,315	10,354
Unsworth Medical Centre		-	24,120		24,120	9,507
Workers Educational Association			8,266		8,266
Bury MBC Suicide Prevention					-	10,900
Bury MBC Standing Together			100,000	100,000		154,400
		1,117	590,522	591,639		842,921
Previous reporting period	250,000		592,921	842,921
5.Incomefrom other trading activities
	Unrestricted		Restricted	Total Funds		Total Funds
						Period14
			Year Ended			February
	YearEnded 31		31 March	Year Ended 31		2019 to 31
	March	2021	2021	March 2021		March2020
	£		£	£		£
Training and other income		160			160	581
		160	-		160	581
Previous reporting period		581			581	581

6. Expenditure
				Period 14
	Community			February
	Engagement	YearEnded 31		2019 to 31
	inBury	March	2021	March	2020
	£	£		£
Expenditure onraising funds:
Website	-			2,505
Publicity	884		884	2,882
Database	-			2.049
	884		884	7,436
Expenditure on charitable activities:
Employment Costs	299,483	299,483		159,136
Distribution of Grants	162,324	162,324		170,969
Consultancy Fees	5,000		5,000		-
Bad Debts	10		10		-
Refreshments	-				433
Training	2,219		2,219		5,129
Travel Costs	1,020		1,020		1,851
Volunteer Expenses	1,876		1,876		89
Equipment	685		685		7,204
Bank Charges	72		72		90
Supervision	1,317		1,317		330
Rent	3,000		3,000		3,839
Room Hire	38		38		1,896
Subscriptions	420		420		522
Heat and Light	8,113		8,113		5,395
Cleaning	2,978		2,978		1,968
Repairs & Maintenance	2,800		2,800		3,266
Loan Equipment	-				1,190
IT Support Costs	10,628		10,628	30,194
Insurance	1,335		1,335		732
Telephone Costs	4,059		4,059		2,924
Governance	5,327		5,327		2,060
Post, Printing & Stationery	3,592		3,592		3,469
Depreciation	4,296		4,296		1,576
	520,592	520,592		404,262
Otherexpenditure:
Sundry	100		100		29
	100		100		29
	521,576	521,576		411,727
Unrestricted funds			39,765	126,960
Restricted funds		481,811		284,767
			521,576	411,727

below:
	General Support	Governance	Total	Basis ofapportionment
Payroll Bureau Fees	1,311		1,311	type of expense
HR Fees	3,034		3,034	type of expense
Accountancy Support	112		112	type of expense
Accountancy Fees		870	870	type of expense
	4,457	870	5,327

9. Analysisofstaff costs
		Period14
		February
	Year Ended 31	2019 to31
	March 2021	March 2020
	£	£
Wages and Salaries	276,932	149,490
Redundancy
Social Security Costs	17,671	7,896
Pension Costs	4,880	1,750
	299,483	159,136
Support costs
Charitable activities	299,483	159,136
	299,483	159,136

_II._Tangible Fixed Assets
	Fixtures &
	Fittings	Equipment		Total
Cost	£	£		£
At 01 April 2020	1,789		3,386	5,175
Additions	585		7,718	8,303
At 31 March 2021	2,374		11,104	13,478
Depreciation
At 01 April 2020	683		1,590	2,273
Charge for Period	594		3,702	4,296
At 31 March 2021	1,277		5,292	6,569
NET BOOK VALUE
At 31 March 2021	1,097		5,812	6,909
At 31 March 2020	1,106		1,796	2,902
Fixed Assets Investments
		2021		2020
		£		£
Valuation at 01.04.20		200,000		-
Additions				200,000
Unrealised Gains/(Losses)			25,239	-
Realised Gains
Valuation at 31.03.21		225,239		200,000
12.Stocks
The organisation does not hold stocks of any items.
13.Analysis of debtors
		2021		2020
		£		£
Debtors			72,968	303,333
Prepayments			3,297	19,679
			76,265	323,012

14.Creditors: amounts falling due within one year
	2021	2020
	£	£
Other creditors and accruals	9,112	11,512
Holiday Pay accrual	3,810	-
Deferred income	-	200,000
Taxation and Social Security	6,393	5,263
	19,315	216,775
15.Deferred income
Deferred income comprises grants received in advance.
At 01 April 2020	200,000
Amount released to income earned from charitable activities	(200,000)
Amount deferred in year
Balance at 31 March 2021
16.Creditors: amounts falling due after more than one year
	2021	2020
	£	£

`Analysis of movements in unrestricted funds`
	`Balance at 01` `Incoming` `Resources` `Balance at 31`
	`April 2020` `Resources` `Expended` `Transfers` `March 2021`
		`£` `£` `£` `£` `£`
`General Fund`		`143,250` `27,234` `(39,765)` `(73,236)` `57,483`
`Designated Funds`		`200,000` `70,000` `270,000`
		`343,250` `27,234` `(39,765)` `(3,236)` `327,483`
`Previous reporting period`
	`Transferred`
	`from`	`Previous` `Incoming` `Resources` `Balance at 31`
	`organisation` `Resources` `Expended` `Transfers` `March 2020`
		`£` `£` `£` `£` `£`
`General Fund`		`18,615` `252,176` `(126,960)` `(581)` `143,250`
`Designated Funds`		`200,000` `-` `-` `200,000`
		`218,615` `252,176` `(126,960)` `(581)` `343,250`
`Name of``unrestricted fund:`	`Description, nature and purpose of the fund`
`General Fund`	`The "free reserves" after allowing for all designated funds`
`Designated Funds`	`For future office move, sustainability and systems upgrades`
`Analysis of movements in restricted``funds`
	`Balance at 01` `Incoming` `Resources` `Balance at 31`
	`April``2020` `Resources` `Expended` `Transfers` `March 2021`
`African HP Network`		`-` `4,000` `(4,000)`
`Awards for All`		`7,913` `(211)` `(7,279)` `423`
`Bury GP Federation`		`-` `9,600` `(9,600)` `-`
`Bury Involvement Group`		`-` `8,306` `(447)` `-` `7,859`
`Bury Primary Care Network`		`-` `21,205` `(17,453)` `3,752`
`Bury MBC Social Prescribing`		`138,732` `200,000` `(109,171)` `9,600` `239,161`
`Bury MBC Brexit Readiness`		`21,900` `(21,900)`
`Restricted Donations`		`694` `-` `445` `1,139`
`Bury Community Support Network`		`-` `3,215` `-` `3,000` `6,215`
`Fairfield Group Practice`		`-` `28,694` `(26,499)` `2,195`
`Forever Manchester`		`-` `16,764` `(12,359)` `4,405`
`Forever Manchester Volunteers`		`-` `4,977` `-` `4,977`
`GMCA`		`3,000` `-` `(3,000)` `-`
`Greater Manchester Sports Partnership`		`6,285` `(6,285)` `-` `-`
`NHS Bury CCG Handy Person Scheme`		`60,063` `(19,000)` `41,063`
`Horizons Primary Care Network`		`60,220` `(54,888)` `-` `5,332`
`Knowsley Medical Centre`		`21,705` `(21,705)` `-`
`Bury MBC Let's Get Radcliffe Moving`		`10,500` `(3,300)` `-` `7,200`
`National Lottery Community Fund`		`-` `48,350` `(10,094)` `470` `38,726`
`NAVCA`		`3,000` `3,000`
`NHS Bury CCG LWBC`		`8,626` `-` `-` `8,628`
`NHS Bolton CCG PCCA`		`5,000` `-` `(5,000)`
`Bury MBC Rough Sleepers Project`		`634` `28,315` `(24,830)` `4,119`
`Unsworth Medical Centre`		`248` `24,120` `(22,434)` `-` `1,934`
`Workers Educational Association`		`-` `8,266` `(7,928)` `338`
`Bury MBC Suicide Prevention`		`6,252` `(6,213)` `-` `39`
`Bury MBC Standing Together`		`47,456` `100,000` `(98,494)` `-` `48,962`
		`314,305` `593,737` `(481,811)` `3,236` `429,467`

Analysis of movements in restricted funds Previous reporting period					21
	Transferred
	from Previous	Incoming	Resources		Balanceat 31
	organisation	Resources	Expended	Transfers	March 2020
Awards for All		9,240	(1,327)		7,913
Bury MBC Social Prescribing		200,000	(61,268)	-	138,732
Bury MBC Brexit Readiness		30,000	(8,100)		21,900
Restricted Donations		570		124	694
Fairfield Group Practice		10,500	(10,712)	212
Greater Manchester Sports Partnership		7,285	(1,000)	-	6,285
NHS Bury CCG Handy Person Scheme		77,500	(17,437)	-	60,063
Horizons Primary Care Network		10,500	(10,615)	115
Knowsley Medical Centre		10,757	(10,887)	130
Bury MBC Lets Get Radcliffe Moving		11,500	(1,000)		10,500
LGBT Consortium		1,850	(1,850)
NHS Bury CCG LWBC		8,628			8,628
NHS Bolton CCG PCCA		30,000	(25,000)		5,000
Bury MBC Rough Sleepers Project		10,354	(9,720)		634
Unsworth Medical Centre		9,507	(9,259)		248
Bury MBC Suicide Prevention		10,900	(4,648)		6,252
Bury MBC Standing Together	5,000	154,400	(111,944)		47,456
	5,000	593,491	(284,767)	581	314,305

	Unrestricted	Designated	Restricted
	funds	funds	funds	Total2021
	£	£	£	£
Tangible Fixed assets	1.995		4,914	6,909
Investments	225,239	-		225,239
Cash at bank and in hand	(150,998)	270,000	348,850	467,852
Other net current assets/(liabilities)	(18,753)	-	75,703	56,950
Creditors of more than one year				-
Total	57,483	270,000	429,467	756,950
Previous reporting period
	Unrestricted	Designated	Restricted
	funds	funds	funds	Total 2020
	£	£	£	£
Tangible Fixed assets	2,268		634	2,902
Investments	200,000			200,000
Cash at bank and in hand	(53,376)	200,000	201,792	348,416
Other net current assets/(liabilities)	(5,642)	-	111,879	106,237
Creditors of more than one year
Total	143,250	200,000	314,305	657,555

20.Reconciliationof netmovement in funds tonet cash flow fro	m operating activities
		Period14
		February
	YearEnded 31	2019to31
	March 2021	March 2020
	£	£
Net movement in funds	99,395	433,940
Add back depreciation	4,296	1,576
Deduct investment income	(173)	(1,283)
Deduct gains/add back losses on investments	(25,239)
Decrease/(increase) in stocks
Decrease/(increase) in debtors	246,747	(323,012)
increase/(decrease) in creditors	(197,460)	216,775
Netcash usedinoperating activities	127,566	327,996